SADC: Market for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in SADC

The SADC market for rigid tubes, pipes and hoses of polymers of vinyl chloride was finally on the rise to reach $X in 2022, after three years of decline. Over the period under review, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in SADC

In value terms, vinyl chloride polymer rigid pipes production contracted modestly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 16% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports in SADC

In 2022, exports of rigid tubes, pipes and hoses of polymers of vinyl chloride in SADC fell significantly to X tons, shrinking by -21.8% on the previous year's figure. Over the period under review, exports, however, continue to indicate temperate growth. The most prominent rate of growth was recorded in 2016 when exports increased by 76% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then reduced dramatically in the following year.

In value terms, vinyl chloride polymer rigid pipes exports contracted to $X in 2022. In general, exports, however, recorded a tangible expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 75%. The level of export peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Botswana (X tons) and South Africa (X tons) prevails in exports structure, together creating 91% of total exports. It was distantly followed by Malawi (X tons), mixing up a 4.6% share of total exports. The following exporters - Zimbabwe (X tons) and Mauritius (X tons) - each recorded a 3.3% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Mauritius (with a CAGR of +29.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest vinyl chloride polymer rigid pipes supplying countries in SADC were Botswana ($X), South Africa ($X) and Malawi ($X), together accounting for 96% of total exports. Zimbabwe and Mauritius lagged somewhat behind, together accounting for a further 3.6%.

Mauritius, with a CAGR of +23.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, increasing by 10% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2021 when the export price increased by 38% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Zimbabwe ($X per ton) and South Africa ($X per ton), while Malawi ($X per ton) and Botswana ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (+1.8%), while the other leaders experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports in SADC

In 2022, overseas purchases of rigid tubes, pipes and hoses of polymers of vinyl chloride were finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, recorded a slight decline. The pace of growth was the most pronounced in 2019 when imports increased by 102% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, vinyl chloride polymer rigid pipes imports dropped to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 82% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, South Africa (X tons), distantly followed by Tanzania (X tons), Zambia (X tons), Mozambique (X tons), Democratic Republic of the Congo (X tons), Zimbabwe (X tons) and Botswana (X tons) were the main importers of rigid tubes, pipes and hoses of polymers of vinyl chloride, together mixing up 88% of total imports.

From 2012 to 2022, the biggest increases were recorded for Tanzania (with a CAGR of +28.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported rigid tubes, pipes and hoses of polymers of vinyl chloride in SADC, comprising 36% of total imports. The second position in the ranking was taken by Tanzania ($X), with a 13% share of total imports. It was followed by Mozambique, with a 12% share.

In South Africa, vinyl chloride polymer rigid pipes imports increased at an average annual rate of +22.3% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Tanzania (+21.0% per year) and Mozambique (+5.9% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, which is down by -11.4% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 40% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mozambique ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+0.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform